1036 Linde Avenue
1036 Linde Avenue
Description
- Spacious and well-designed...Investment Opportunity in the Heart of New Braunfels, TX! Welcome to 1036 Linde Ave, a lucrative 8-unit apartment building nestled in the flourishing city of New Braunfels, TX. This prime property offers a blend of modern amenities, strategic location, and a promising investment potential. Property Highlights:THIS IS A SPECIAL DELIMITER SENTENCE. Property Highlights:THIS IS A SPECIAL DELIMITER SENTENCE - 8-unit apartment building with 4 units downstairs and 4 units upstairs.
- Spacious and well-designed floor plans to cater to diverse tenant needs.
- Small storage area at the back for added convenience.
- Huge lot with a fenced-in backyard, providing privacy and outdoor space for residents.
- Recent renovations in most units, including removal of carpets for easy maintenance.
- Established reputation with a high demand from potential tenants, resulting in 100% occupancy.
- Located in the second-fastest-growing city in the US, showcasing a high level of demand for rental properties. Investment Benefits: 1. Stable Income: Benefit from a consistently high occupancy rate, ensuring a steady and reliable rental income stream.
2. Low Maintenance: Recent renovations, including carpet removal, contribute to lower maintenance costs and increased property value.
3. Room for Growth: Expansive lot provides ample room for future expansion or additional amenities, catering to the growing demand in the area. Why Invest in New Braunfels? This is a special delimiter sentence. This is a special delimiter sentence - Booming Economy: New Braunfels boasts a thriving economy, attracting a diverse population and contributing to the demand for rental properties.
- Recreational Paradise: Positioned near the beautiful Guadalupe and Comal Rivers, offering residents a high quality of life with abundant recreational opportunities.
- Easy Access: Conveniently located with access to major highways, providing easy commuting for residents.
- Listed by Doreen Sidney • TREC #0730238 • Teifke Real Estate • (512) 870-8184
Property Details for 1036 Linde Avenue
Location
Property Details for 1036 Linde Avenue
| Status | Active |
|---|---|
| MLS # | 9100238 |
| Days on Market | 85 |
| Taxes | $9,700 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Commercial Sale / Multi Family |
| Year Built | 1978 |
| Lot Size | 0.41 AC / 18,077 SF |
| County | Comal County |
Location
Building Information for 1036 Linde Avenue
Payment Calculator
$5,174 per month
30 year fixed, 7.25% Interest
$4,366
$808
$0
Property Information for 1036 Linde Avenue
- Parking Total: 16
- Parking Features: Additional Parking, Off Street
- Stories Total: 2
- Flooring: Laminate, Tile
- Other Equipment: None
- Restrictions: No Restrictions
- New Construction: No
- Construction Materials: Brick
- Foundation Details: Slab
- Accessibility Features: None
- Lot Size Source: Owner
- Road Surface Type: Gravel
- Current Use: Multi-Family
- Horse: No
- Leasable Area: 8.0
- Building Features: Appliances, No Loading, Storage
- Number Of Buildings: 1
- Building Area Total: 700.00
- Building Area Source: Owner
- Cooling YN: Yes
- Cooling: Central Air
- Heating YN: Yes
- Heating: Central
- Sewer: Public Sewer
- Utilities: Electricity Available
- Water Source: Public
- Tax Assessed Value: $556,000
- Additional Parcels: No
- Tax Year: 2023
- Tax Rate: 1.70%
- Security Features: None
- Directions: Head northeast on I-35 N > Take exit 186 toward Walnut Ave > Merge onto N Interstate 35 Frontage Rd > Continue straight to stay on N Interstate 35 Frontage Rd > Turn right onto Linde Ave > Turn right to stay on Linde Ave
Property History for 1036 Linde Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1036 Linde Avenue
Schools near 1036 Linde Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 9 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 12 |
Rating | School | Distance |
|---|---|---|
Memorial Elementary School PublicK to 5 | ||
New Braunfels Middle School Public6 to 9 | ||
New Braunfels High School Public9 to 12 | ||
Discipline Alternative Education Placement Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Teifke Real Estate, Doreen Sidney, TREC #0730238
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.